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flag NBFCs can open branches without prior approval starting April 15, 2026.

flag The Reserve Bank of India (RBI) has issued new guidelines for Non-Banking Financial Companies (NBFCs) to expand branches without prior approval, effective April 15, 2026. flag The rules require NBFCs to notify the RBI and allow them to proceed if no objection is raised within 30 days. flag However, specific categories like Housing Finance Companies (HFCs) and gold lenders must follow additional restrictions, such as obtaining prior approval for certain expansions and ensuring secure gold storage.

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